Good day snipers. Loving this setup right here. First, after price broke below those ranges, I only consider looking for shorts due to that over all downtrend. Price also rejected the 78.6 Fib Retracement Level previously, and broke through support turned resistance. Long wicks showing price keeps rejecting the resistance zone and price closed below the 78.6 Fib Level. Also, price seems to be on top of a recent downtrend channel .
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Follow me on tradingview for more ideas and sniper entries. If you liked this idea please click that thumb's up.
Ideas posted are not financial advise, but merely just to give insights and education for traders.
Past performances do not determine future gains.
As sniper traders, we tread carefully, then we take shots immediately.
Join the discussion down below.